Liberia Backs Ivanhoe Atlantic Rail Deal to Unlock Iron Ore Mine
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000A US company backed by billionaire Robert Friedland took a key step toward building an iron ore mine in Guinea after lawmakers in neighboring Liberia greenlit an agreement allowing the firm to access an export railway.The Senate in Liberia on Thursday ratified a deal that Ivanhoe Atlantic Inc. concluded with the West African nation’s government earlier this year, after negotiations that lasted half a decade. The House of Representatives already approved the agreement in a vote last week.